If Park Bank is liable for not spotting Sujata "Sue" Sachdeva's $34 million embezzlement from Koss Corp. and has to reimburse the company, Koss Chief Executive Michael Koss should also be ordered to personally pay the public company he runs, the bank argues in a new lawsuit.

Grant Thornton, Koss Corp.'s former auditor, should also have to pay a portion of any award that may be ordered, Park Bank argued in the latest twist in a long-running court fight stemming from Sachdeva's massive embezzlement.

Harley-Davidson Inc.'s third-quarter earnings rose 21% on strong sales of its new Project Rushmore motorcycles, the company said Tuesday.

Net income in the quarter that ended Sept. 30 increased to $162.7 million, or 73 cents per share, from $134 million, or 59 cents per share, in the third quarter of 2012. | Oct. 22, 2013»Read Full Article(32)

Plans to develop a Hofbräuhaus brewpub and beer hall in Glendale have been dropped, but the property owner is working on a similar project to replace it.

The Bistro Group Inc., of Cincinnati, disclosed plans in September 2013 to buy and remodel the former Bavarian Inn restaurant, at 700 W. Lexington Blvd., into a Hofbräuhaus. The building, just west of I-43, is owned by Friends of BSC LLC, which also owns the adjacent soccer fields and Old Heidelberg Park. | March 3, 2015 3:16 p.m.»Read Full Article

Net income, assets, revenue, surplus and life insurance in force all grew in 2014 for Thrivent Financial for Lutherans, adding up to what its chief executive called "an outstanding year."

Thrivent, which is based in Minneapolis but has a large presence in Appleton, is a fraternal organization that sells insurance and other financial products to its members. It has about 2.4 million members. | March 3, 2015 2:52 p.m.»Read Full Article

Saying it can't find new employees fast enough, Ashley Furniture Industries Inc. will opt out of a state program that has been giving it tax credits for expanding its workforce in the western Wisconsin city of Whitehall.

The big furniture manufacturer said it will return $256,706 in tax credits it has received so far in connection with its investment in its Whitehall factory. | March 3, 2015 2:46 p.m.»Read Full Article

If Park Bank is liable for not spotting Sujata "Sue" Sachdeva's $34 million embezzlement from Koss Corp. and has to reimburse the company, Koss Chief Executive Michael Koss should also be ordered to personally pay the public company he runs, the bank argues in a new lawsuit.

Grant Thornton, Koss Corp.'s former auditor, should also have to pay a portion of any award that may be ordered, Park Bank argued in the latest twist in a long-running court fight stemming from Sachdeva's massive embezzlement. | Updated: 2:24 p.m.»Read Full Article

The money was a combination of equity and stock options, the filing with the U.S. Securities and Exchange Commission said. The funding brings to nearly $1 million the amount raised by Elli Health, which was founded in 2013 by Jay Mason. | March 3, 2015 12:36 p.m.»Read Full Article

Milwaukee's Mitchell International Airport was operating normally and reporting no major weather-related delays as of late morning, an airport spokeswoman said.

That's not so at Chicago's O'Hare International, where flights that are scheduled to land there are being delayed an average of 2 hours and 9 minutes, according to the Federal Aviation Administration's Air Traffic Control Command Center. | March 3, 2015 11:40 a.m.»Read Full Article

Shoutlet Inc., a Madison company that provides customers with a social marketing platform, has raised $5 million in a financing that includes debt and stock options, according to a filing with federal securities regulators.

Branding, marketing and communications firm Versant is moving to Milwaukee’s Historic Third Ward from the city's far northwest side.

Versant plans to be in its new location, the Landmark Building at 316 N. Milwaukee St., on May 1, the firm announced Tuesday. It's leasing 3,000 square feet, and has 15 employees. | March 3, 2015 9:30 a.m.»Read Full Blog Post

The Badger Fund of Funds, which was seeded with $25 million in state dollars, will launch its first venture capital funds in Madison, Oshkosh, Green Bay and Vilas County, according to the Wisconsin Department of Administration.

The fund of funds has raised more than $5 million in additional private capital and expects to finalize its first funds in the next few weeks, the department said in a letter to the Legislature's Joint Finance Committee. | March 2, 2015»Read Full Article

A large industrial building, located on Milwaukee's north side, has been sold to a local investment group that plans to continue redeveloping the property.

An affiliate of Phoenix Investors LLC purchased a 206,200-square-foot portion of the former Square D industrial plant, 4041 N. Richards St., for $1.45 million, the firm announced Monday. It was sold by Stag II Glendale LLC, a subsidiary of Boston-based Stag Industrial Inc., in a transaction brokered by Robert Dufek of Dufek Realty LLC and Jim Larkin of Colliers. | March 2, 2015»Read Full Article

Connecture Inc., a Brookfield software company that designs online marketplaces for health plans, said Monday that it expects to report revenue of $26 million to $28 million for its fourth quarter and $83 million to $85 million for 2014.

A former industrial building just north of downtown Milwaukee will be converted into apartments under a new $52.7 million project plan from Milwaukee developer Richard Wiegand.

The six-story Milwaukee Fortress Building, 100 E. Pleasant St., will be converted into 176 apartments, according to information disclosed Monday by the Wisconsin Economic Development Corp. | March 2, 2015»Read Full Article

A 20,000-square-foot, multitentant industrial building is being proposed for West Bend's Wingate Creek Business Park.

Rasmussen Industrial Properties LLC, led by Mark Rasmussen, would develop the building on 3.5 acres at the southeast corner of Stockhausen Lane and Enterprise St., according to a city report. It would cost around $1 million to develop. | March 2, 2015»Read Full Blog Post

With smart marketing, changing public perceptions and a boost from the recession, Goodwill Industries is continuing to thrive as one of Milwaukee's fastest-growing retailers.

Easily the biggest participant in the thrift-store niche, it has expanded from 10 shops in the four-county metropolitan area in 2009 to 15 today, with two more due to open soon. | March 2, 2015»Read Full Article